Bitcoin’s Price Rips Past $80K as Short Sellers Get Steamrolled
Bitcoin’s price ripped from the mid-$76,000s to nearly $81,000 on Friday at 10:45 a.m. ET, after traders spent the week absorbing a failed U.S. Senate crypto vote and two central-bank rate hikes. The final leg wasn’t simply buyers charging in. Roughly $192 million in leveraged crypto positions vanished in one hour, including more than $183 […]
Key Takeaways
- Bitcoin’s price ripped from the mid-$76,000s to nearly $81,000 on Friday at 10:45 a.m.
- ET, after traders spent the week absorbing a failed U.S.
- Senate crypto vote and two central-bank rate hikes.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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